Question
Which body has the sole right to issue bank notes in
India under Section 22 of the RBI Act, 1934?Solution
Section 22(1) confers upon the Reserve Bank of India the sole right to issue bank notes in India. The Bank may also issue currency notes of the Government of India supplied to it, for a period fixed by the Central Government on the recommendation of the Central Board. Under Section 22(2), once the Chapter comes into force, the Central Government shall not issue any currency notes. Thus the sole right to issue bank notes vests in the Reserve Bank of India.
Select the correct combination of mathematical signs that can sequentially replace the * signs and balance the given equation.
36 * 12 * 6 * 12 * 3 = 63
An electronic device makes a beep after every 60 sec. Another device makes a beep after every 62 sec. They beeped together at 10 a.m. The next time, whe...
Pick the odd one out.
Change the question mark with the option that follows the applied logic in the first pair.
J : P :: M : ??
‘Pressure’ is related to ‘Pascal’ and ‘Electricity’ is related to ‘Watt’ in the same way as ‘Heat’ is related to ‘___________’. ...
A man said, “My father’s wife’s only son is the brother of your mother.” How is the man related to you?
Read the directions carefully and answer the following question.
Eight people are living on eight different floors of the building in such a wa...
Select the option in which the given figure is embedded (rotation is not allowed).
Kiran, Pihu, Siya, Leena, Reena and Jiya are sitting around a circular table facing the centre. Kiran sits 3rd to the right of Pihu. Siya sits 2nd to th...
